Ingersoll Rand ( India ) : MNC

• 74% stake held by US parent company Ingersoll Rand.
• Zero debt for last 10 years
• Holds Cash of Rs.473 Cr against market cap of Rs.1091 Cr (43.3% cash to market cap)
• Business includes Air conditioners for Bus and Trucks, Commercial heating, Ventilation and air -conditioning products like compressors, tools, material handling, pumps and electric vehicles.
• 20% revenue from exports.
• Supplies bare compressors and reciprocating compressors to parent company in US.